Frank Berry Courts is managed by The Michaels Organization.
The Frank Berry Courts were constructed 1939 through the United States Housing Authority. The complex included 95 buildings, 113 dwelling units, of which 77 were 1-family attached units, 36 were 2-family attached units. Most were 5-room units, but some were 4 room and 6 rooms. The buildings were completely rehabilitated and modernized in 2011 through the Department of Housing and Urban Development funded through the American Recovery and Reinvestment Act.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 615 | Call for Price |
2 Bedroom (2/1) | 813 | Call for Price |
3 Bedroom (3/1) | 1029 | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Meridian but actual income limits may differ for units at Frank Berry Courts.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
50% | $21,800 | $24,900 | $28,000 | $31,100 | $33,600 | $36,100 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Meridian but actual income limits may differ for units at Frank Berry Courts.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $21,800 | $24,900 | $28,000 | $31,100 | $33,600 | $36,100 |
Low Income (60%) | $26,160 | $29,880 | $33,600 | $37,320 | $40,320 | $43,320 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.